Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 · EIN 13-1614399 320 PARK AVE · NEW YORK, NY 10022 | Account maintenance fees; Claims proc... | $1,171 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,325 | $51,223-31.0% | $82,763-57.3% | $66,949-47.2% |
| Participation rate | 66.8% | 67.9%-1.1pp | 72.6%-5.7pp | 69.8%-3.0pp |
| Annual return | -16.80% | -9.85%-7.0pp | 702.45%-719.3pp | 1.57%-18.4pp |
| Employer contribution / active EE | $2,062 | $2,611-21.0% | $3,008-31.5% | $2,545-19.0% |
| Participant deferral / active EE | $1,562 | $3,460-54.9% | $4,395-64.5% | $4,239-63.2% |
| Admin fee / account holder | $6 | $415-98.6% | $5,325-99.9% | $594-99.1% |